证券日报网讯三雄极光（300625）8月27日在互动平台回答投资者提问时表示，公司主要从事LED照明 灯具、照明光源及照明控制类产品的研发、生产和销售，为客户提供综合照明解决方案及相关专业服 务，为客户创造良好的光环境。 ...

Core Viewpoint - The election of the chairman at Sanxiong Aurora Lighting Co., Ltd. has sparked controversy due to differing opinions among board members, reflecting underlying management issues and a significant decline in the company's financial performance in 2024 [2][3][4]. Company Overview - Sanxiong Aurora primarily engages in the research, production, and sales of semiconductor lighting products and related control systems, serving various sectors including commercial, office, industrial, and residential lighting [6]. Chairman Election Controversy - The election featured two candidates: Zhang Yutao, the current chairman, and Zhang Xianqing, the current vice president. Zhang Yutao received 7 votes in favor and 2 against, while Zhang Xianqing's proposal garnered 2 votes in favor, 4 against, and 3 abstentions [3][4]. - Zhang Xianqing criticized Zhang Yutao's management as "chaotic" and claimed it led to declining revenues and profits, with the company experiencing a loss in the first quarter of 2024 [3][4]. Financial Performance - In 2024, Sanxiong Aurora reported a revenue of 2.078 billion yuan, a year-on-year decrease of 11.64%, and a net profit of 48.09 million yuan, down 76.53% [6][7]. - The company experienced a loss of 13.27 million yuan in the fourth quarter of 2024 [6]. Industry Context - The overall demand in the lighting market, both domestically and internationally, has not met expectations, leading to a decline in sales [7]. - The Chinese semiconductor lighting industry is projected to see a market value of approximately 514.2 billion yuan in 2024, reflecting a year-on-year decline of 7.6% [7]. Industry Challenges - The lighting industry is characterized by low concentration, with the largest market share held by a single company being less than 5%. Sanxiong Aurora anticipates that the pressure on companies will remain high, and an increase in industry concentration is expected as smaller firms face greater survival challenges [8]. - The company has undergone significant internal reforms aimed at improving operational efficiency, although it acknowledges that there is still considerable room for improvement compared to industry leaders [8].